US100 soars past 9300 points

12:31 12 May 2020

Sentiment on global market remain upbeat on Tuesday and this especially refers to technological stocks as US100 soars past 9300 level and trades less than 5% off the all time highs from February. The Fed policy remains the main theme for investors as the US central bank begins purchasing corporate debt ETFs today. There’s no obvious resistance in sight other than the February highs of 9762 points.

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